Royal Bank of Scotland fined $4.9B for housing bubble role
Royal Bank of Scotland will pay a $4.9 billion fine to settle allegations it misrepresented the types of mortgages it sold to investors during the housing bubble that ultimately led to the 2008 financial crisis.
Americans will pay for ‘08 financial crisis with ‘lifetime income loss’
A decade later and the financial crisis of ’08 is still hitting workers hard.
Kenai Peninsula Borough seeks bigger role in gas project
The Kenai Peninsula Borough wants to boost its role in a project to build a massive pipeline to carry natural gas from Alaska's North Slope to a liquefaction plant and export terminal planned for Nikiski.
Emerson Electric president to retire Oct. 1
Edward Monser, who has been president of Emerson Electric since 2010, will retire on Oct. 1.
Turkish leader talks big, but can be pragmatic in crises
The man at the center of Turkey's currency crisis and feud with the United States — President Recep Tayyip Erdogan — is unleashing the same combative rhetoric that powered him through other grave challenges in his 16 years as the increasingly authoritarian leader of a key NATO ally.
Toxic red tide butchers Florida tourism and wildlife
The Sunshine State has not seen a bloom of this magnitude in more than a decade.
The Latest: Turkey says it will help firms hit by turmoil
The Latest on Turkey's currency crisis (all times local): 11:35 a.m.
McDonald’s details $6 billion US restaurant modernization
The fast-food restaurant chain will update self-order kiosks, among other changes.
US import prices unchanged in July
In the 12 months through July, import prices rose 4.8 percent, the largest gain since February 2012, after increasing 4.7 percent in June
Icahn ends Cigna-Express Scripts campaign, shares bounce
Shares of Express Scripts are moving higher before the opening bell after activist investor Carl Icahn ended a short-lived fight to scuttle Cigna's takeover of the pharmacy benefit manager.
Turkey's Erdogan vows US boycott, but diplomats resume talks
The Turkish currency has stabilized near record lows as investors look to a speech by the finance chief later in the day.
Small business optimism at 35-year high
Finding qualified workers remains owners’ biggest challenge.
Indian rupee falls to all-time low against dollar
The Indian rupee has fallen to an all-time low against the U.S. dollar amid worries over Turkey's growing financial crisis.
Home Depot roars back in the second quarter
Home Depot is roaring back from a slow start to the year, topping all expectations and raising its revenue and profit projections for the year.
South Korea bans driving BMWs under recall due to fires
South Korea will ban driving recalled BMWs that haven't received safety checks following dozens of fires the German automaker has blamed on a faulty exhaust gas component.
Global markets stabilize as Turkey jitters ease
Asian stock markets were mixed Tuesday after Wall Street declined and Turkey's currency crisis fed fears about emerging markets.
German economy defies trade gloom with strong growth
Official data show that the German economy grew by 0.5 percent in the second quarter compared with the previous three-month period, accelerating slightly.
Asian markets mixed after Wall St falls on Turkey jitters
Stocks are rebounding on Wall Street in early trading Monday, led by gains in technology and health care companies and retailers.
Maduro: Gas prices to spike in Venezuela to fight smugglers
Venezuelan President Nicolas Maduro says some of the world's cheapest gasoline that his country's drivers enjoy will soon be sold at world market prices to combat rampant smuggling.
Northeast governors, eastern Canada premiers meet in Vermont
Governors from the U.S. northeast and premiers from eastern Canada will be meeting in Vermont, where they are expected to discuss a variety of issues amid a trade dispute between Washington and Ottawa.














